As part of the investment, Bharat Forge has also acquired a license for commercialisation of the Tevva technology within India for strengthening its Research and Development activities in the e-mobility space.

Auto component player Bharat Forge was looking at improving its operational efficiency at its manufacturing facilities. After an exhaustive due diligence process, during which various software vendors were evaluated, Bharat Forge selected ThingWorx IoT Platform for its rapid application enablement, connectivity, machine learning capabilities, augmented reality, and integration with leading device cloud offerings.